Is Bhatia Colour technically bullish or bearish?

Nov 10 2025 08:12 AM IST
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As of November 7, 2025, the market trend is mildly bullish, supported by bullish MACD and moving averages, but tempered by a lack of strong signals from RSI and Dow Theory, indicating some market indecision.
As of 7 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on both weekly and monthly time frames, and bullish moving averages on the daily chart. Bollinger Bands also indicate a mildly bullish outlook on both weekly and monthly levels. However, the RSI shows no signal, and Dow Theory indicates no trend on both weekly and monthly time frames, suggesting some indecision in the market. Overall, while the indicators lean towards a bullish sentiment, the lack of strong signals from RSI and Dow Theory tempers the strength of this stance.
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